Monday, Oct. 02, 1972
Shriver's Assets
George McGovern, Richard Nixon and Spiro Agnew have all revealed their financial worth. Last week it was Sargent Shriver's turn, and it proved to be the most surprising disclosure to date. Shriver, married to a Kennedy millionairess, turned out to be the poorest of the quartet of main political contenders. He put his net worth at the round figure of $100,000.
Shriver has no stocks or bonds in trust, owns no real estate. He listed $42,000 in checking accounts, $43,000 in life insurance and $15,000 in personal property. Last year his income from his law practice was $105,800. What he left out of the statement was his wife Eunice's income from a trust fund that is estimated to amount to several million dollars. Their five children also have trust funds. Were these included, Shriver would emerge as the richest of the candidates. He was following the Kennedy practice of keeping mum about the size of the family fortune.
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